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Stock impact report

KeyBanc Raises Intuitive Machines Price Target to $27: Is the Lunar Economy Finally Liftoff-Ready? [Yahoo! Finance]

Intuitive Machines, Inc. - Class A (LUNR) 
Company Research Source: Yahoo! Finance
Intuitive Machines trades at a 19x price-to-sales multiple with execution risk, but KeyBanc's call hinges on a re-rating story as the lunar economy matures. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Intuitive Machines wasn't one of them. Get them here FREE KeyBanc has lifted its price target on Intuitive Machines NASDAQ:LUNR ) stock to $27 from $26, while reiterating an Overweight rating. Analyst Michael Leshock points to accelerating demand for lunar initiatives led by the National Aeronautics and Space Administration (NASA) as the catalyst behind the bump. The price target raised by KeyBanc lands as Intuitive Machines stock trades at $23.66, following a 175% one-year run. For prudent investors, the analyst upgrade reinforces a long-duration thesis on the commercial lunar economy, even as recent weekly volatility cuts both ways. Ticker Company Firm Action Old Rating New Rating Old Target New Target LUNR Intuitive Machines KeyB Show less Read more
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